5 Best Value Stocks to Invest In

2. HP Inc. (NYSE: HPQ)

Number of Hedge Fund Holders: 43
PE Ratio: 10.13  

HP Inc. (NYSE: HPQ) stock has offered investors returns exceeding 58% over the course of the past twelve months. It is ranked second on our list of 15 best value stocks to invest in. The company makes and sells personal computing devices and is based in California. It was founded in 1939 and has a market cap of over $33 billion. It posted more than $56 billion in revenue last year. The firm declared a quarterly dividend of $0.1938 per share on June 23, in line with previous and with a forward yield of 2.65%. 

On July 2, investment advisory Bernstein maintained a Market Perform rating on HP Inc. (NYSE: HPQ) stock with a price target of $32, highlighting that the firm could purchase Xerox in the coming months despite having a bid shot down earlier. 

Out of the hedge funds being tracked by Insider Monkey, Boston-based investment firm Arrowstreet Capital is a leading shareholder in HP Inc. (NYSE: HPQ) with 16.8 million shares worth more than $533 million.